Our new VoxEU article with Jason Dunn examines the global impact of shipping disruptions in the Red Sea

👉cepr.org/voxeu/columns/…

🧵A thread...

Red Sea disruptions:
Do local shocks have global impacts?
✍️Jason Dunn Fernando Leibovici
👉Spoiler: global shipping dynamics can be a key channel through which local shocks affect global economic outcomes
🔗 cepr.org/voxeu/columns/… cc: St. Louis Fed CEPR

On the global impact of shipping disruptions in the Red Sea, check out our VoxEU article! (Thanks Richard Baldwin for helping us share our work) 👇👇

How has US dependence on Chinese imports evolved in recent years, especially in critical sectors?

Check out our findings in the latest St. Louis Fed Economic Synopsis 👇

The shipping industry plays a crucial role in international trade. An interesting working paper studying the global shipping industry in a macroeconomic model was published by Jason Dunn and Fernando Leibovici of St. Louis Fed St. Louis Fed Economic Research:
fernandoleibovici.github.io/DL.pdf (5/7)

During undergrad, I had a job at the Port of Santos, the largest port in Latin America. This job gave me an experience that few economists had. I got to see economics happening and international trade being done🪄🪄

One of my tasks was to take notes on weekly meetings that my

🚢🌍 Excited to share the latest version of our research on global shipping dynamics!

Our study explores the crucial role of the shipping industry in international trade and its impact on the global economy.

Short 🧵on our paper w Jason Dunn...

#GlobalTrade #Shipping